CEC ATLANTIC: what changed
What changed
CEC ATLANTIC
filed annual accounts (NBB)
Net result for the year
€8,506
2024 · €15,521-€7,016
Equity
€261,885
2024 · €253,380+€8,506
Cash
€9,305
2024 · €12,930-€3,625
Balance sheet total
€1.4m
2024 · €1.4m-€59,045
Largest movements
Assets
- Tangible fixed assets -€75,693
down €75,693 (-5.6%), from €1.4m to €1.3m
- Current investments +€60,000
new in 2025: €60,000
- Receivables after one year -€39,078
down €39,078 (-78.2%), from €50,000 to €10,922
of which Other amounts receivable: -€50,000
- Deferred charges and accrued income -€18,488
no longer reported in 2025 (was €18,488)
- Receivables within one year +€17,839
up €17,839 (+2,017%), from €884 to €18,723
of which Trade receivables: +€18,723
Equity and liabilities
- Debts after one year -€79,256
down €79,256 (-7.3%), from €1.1m to €1.0m
Income statement
- Other operating charges +€40,863
up €40,863 (+479%), from €8,538 to €49,401
- Gross operating margin +€30,774
up €30,774 (+25.7%), from €119,890 to €150,664
- Financial charges -€14,320
down €14,320 (-44.2%), from €32,388 to €18,069
- Financial income -€12,239
down €12,239 (-83.8%), from €14,609 to €2,370
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,521
Gross operating margin
+€30,774
Depreciation
+€993
Other operating charges
-€40,863
Financial income
-€12,239
Financial charges
+€14,320
Result 2025
€8,506
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€125,459
Investment
-€61,365
Financing
-€67,718
Cash 2024
€12,930
From operations (derived)
+€125,459
Net result for the year
+€8,506
Depreciation
+€77,059
Receivables after one year
+€39,078
Receivables within one year
-€17,839
Deferred charges and accrued income
+€18,488
Trade debts
+€168
Investment (derived)
-€61,365
Investment in fixed assets (net)
-€1,365
Current investments
-€60,000
Financing
-€67,718
Debts after one year
-€79,256
Current portion of long-term debt
+€11,538
Cash 2025
€9,305
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,435,652 | €1,376,607 | -€59,045 | -4.1% |
| Fixed assets | 21/28 | €1,353,350 | €1,277,657 | -€75,693 | -5.6% |
| Tangible fixed assets | 22/27 | €1,353,350 | €1,277,657 | -€75,693 | -5.6% |
| Land and buildings | 22 | €1,353,350 | €1,277,657 | -€75,693 | -5.6% |
| Current assets | 29/58 | €82,302 | €98,951 | +€16,648 | +20.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €10,922 | -€39,078 | -78.2% |
| Trade receivables | 290 | - | €10,922 | +€10,922 | |
| Other amounts receivable | 291 | €50,000 | - | -€50,000 | |
| Amounts receivable within one year | 40/41 | €884 | €18,723 | +€17,839 | +2,017% |
| Trade receivables | 40 | - | €18,723 | +€18,723 | |
| Other amounts receivable | 41 | €884 | - | -€884 | |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €12,930 | €9,305 | -€3,625 | -28.0% |
| Deferred charges and accrued income | 490/1 | €18,488 | - | -€18,488 | |
| Total equity and liabilities | 10/49 | €1,435,652 | €1,376,607 | -€59,045 | -4.1% |
| Equity | 10/15 | €253,380 | €261,885 | +€8,506 | +3.4% |
| Contributions | 10/11 | €293,387 | €293,387 | = | 0.0% |
| Reserves | 13 | €38,922 | €38,922 | = | 0.0% |
| Distributable reserves | 133 | €38,922 | €38,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,930 | -€70,424 | +€8,506 | +10.8% |
| Amounts payable | 17/49 | €1,182,273 | €1,114,722 | -€67,551 | -5.7% |
| Amounts payable after more than one year | 17 | €1,085,317 | €1,006,061 | -€79,256 | -7.3% |
| Financial debts | 170/4 | €1,085,317 | €1,006,061 | -€79,256 | -7.3% |
| Amounts payable within one year | 42/48 | €96,955 | €108,661 | +€11,706 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €96,443 | €107,981 | +€11,538 | +12.0% |
| Trade debts | 44 | €512 | €680 | +€168 | +32.7% |
| Suppliers | 440/4 | €512 | €680 | +€168 | +32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,052 | €77,059 | -€993 | -1.3% |
| Other operating charges | 640/8 | €8,538 | €49,401 | +€40,863 | +479% |
| Gross operating margin | 9900 | €119,890 | €150,664 | +€30,774 | +25.7% |
| Operating profit (loss) | 9901 | €33,301 | €24,204 | -€9,096 | -27.3% |
| Financial income | 75/76B | €14,609 | €2,370 | -€12,239 | -83.8% |
| Recurring financial income | 75 | €14,609 | €2,370 | -€12,239 | -83.8% |
| Financial charges | 65/66B | €32,388 | €18,069 | -€14,320 | -44.2% |
| Recurring financial charges | 65 | €32,388 | €18,069 | -€14,320 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €15,521 | €8,506 | -€7,016 | -45.2% |
| Profit (loss) for the period | 9904 | €15,521 | €8,506 | -€7,016 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,521 | €8,506 | -€7,016 | -45.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.